Spirit Airlines, Inc. (SAVE)

Last Closing Price: 3.54 (2024-04-25)

Company Description

Spirit Airlines, Inc. is an ultra low-cost carrier. The company provides travel opportunities principally to and from South Florida, the Caribbean and Latin America. Its strategy of unbundling its services and offering customers the option for purchase, ranging from bags and seat assignment to refreshments, has been much appreciated. The unbundled base fares do away with the components that are traditionally included in ticket prices. Its primary markets are of three types: large leisure destinations (Orlando, Ft. Lauderdale, Las Vegas, New Orleans, Myrtle Beach, Ft. Myers), large domestic markets (large metropolitan cities) and international destinations (Latin America, Caribbean & northern South America). The company maintains a young all-airbus fleet, which operates multiple daily flights across countries including the United States, Caribbean and Latin America. The fleet is highly fuel-efficient. Its jets are categorised into A319 CEO, A320 CEO, A320 NEO, and A321 CEO.

Financials, Fundamental Metrics & Ratios
Revenue (Most Recent Fiscal Year) $5.36B
Net Income (Most Recent Fiscal Year) $-447.46M
PE Ratio (Current Year Earnings Estimate) --
PE Ratio (Trailing 12 Months) --
PEG Ratio (Long Term Growth Estimate) --
Price to Sales Ratio (Trailing 12 Months) 0.08
Price to Book Ratio (Most Recent Quarterly Book Value per Share) 0.35
Price to Cash Ratio (Most Recent Annual Cash Flow per Share) --
Pre-Tax Margin (Trailing 12 Months) -10.42%
Net Margin (Trailing 12 Months) -8.34%
Return on Equity (Trailing 12 Months) -26.38%
Return on Assets (Trailing 12 Months) -3.80%
Current Ratio (Most Recent Fiscal Quarter) 0.90
Quick Ratio (Most Recent Fiscal Quarter) 0.90
Debt to Common Equity (Most Recent Fiscal Quarter) 2.69
Inventory Turnover (Trailing 12 Months) --
Book Value per Share (Most Recent Fiscal Quarter) $10.39
Earnings per Share (Most Recent Fiscal Quarter) $-1.36
Earnings per Share (Most Recent Fiscal Year) $-3.29
Diluted Earnings per Share (Trailing 12 Months) $-4.09
Stock
Exchange NYSE
Sector Industrials
Industry Airlines
Common Shares Outstanding 109.48M
Free Float 108.88M
Market Capitalization $402.88M
Average Volume (Last 20 Days) 5.28M
Beta (Past 60 Months) 1.35
Percentage Held By Insiders (Latest Annual Proxy Report) 0.55%
Percentage Held By Institutions (Latest 13F Reports) 58.73%
Annual Dividend (Based on Last Quarter) $0.00
Dividend Yield (Based on Last Quarter) 0.00%